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EUR/CAD Signal - April 3, 2012

By Forex Royals
Forex Royals (ForexRoyals.com) is one of the leading account management and Forex signal services in the Middle East. Forex Royals consists of five analysts that specializes in the field of stocks and currency trading. They also provide sell/buy recommendations, take profit or stop loss on the major currency pairs which include: EUR/USD, GBP/USD, USD/JPY, USD/CHF, EUR/GBP, AUD/USD, and different kinds of commodities.

Analysis by Forex Royals

Currency: EUR/CAD
Trend Expected Direction: Down .
Method: Fibonacci Trading.
Description: After breaking below the rising trend line yesterday the pair is testing the 38.2 Fibonacci and it might be a good point to enter the new trend.
Recommendation: Short any where between 1.3240 and 1.3260
Target Area: TP1 1.3200 TP2 1.3160
Stop Loss: 1.3350

EUR/CAD Signal - April 3, 2012

Forex Royals
Forex Royals (ForexRoyals.com) is one of the leading account management and Forex signal services in the Middle East. Forex Royals consists of five analysts that specializes in the field of stocks and currency trading. They also provide sell/buy recommendations, take profit or stop loss on the major currency pairs which include: EUR/USD, GBP/USD, USD/JPY, USD/CHF, EUR/GBP, AUD/USD, and different kinds of commodities.

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